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UTX » Topics » Proposal 5: Shareowner Proposal Concerning Ethical Criteria for Military Contracts

This excerpt taken from the UTX DEF 14A filed Feb 25, 2005.

Proposal 5: Shareowner Proposal Concerning Ethical Criteria for Military Contracts

The Sisters of Charity of Saint Elizabeth, P.O. Box 476, Convent Station, NJ 07961 and other filers have advised that they intend to introduce the following proposal at the Annual Meeting:

 

Resolved: that the Board of Directors review and if necessary amend and amplify our Company’s code of conduct and statements of ethical criteria for military production-related contract bids, awards and contract execution, and report the results of this process to shareholders within six months of the annual meeting.

 

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